The “Yellow Vests” Show How Much the Ground Moves Under Our Feet

“in a financialised economy, only those closest to the means of money-creation [...] are in a position to employ the language of universalism. As a result, any political claims as based in particular needs and interests, tended to be treated as manifestation of identity politics, and in the case of the social base of the GJ, therefore, cannot be imagined it as anything but proto-fascist.”

If these people represented any other view. Addressing climate change, protesting capitalism, etc., we’d see this covered 24x7. But they are in great part anti-globalists who want to wrest control back and put it in the hands of the middle class. So much of the media dismisses it. A few teargas canisters at the US’s SD-TJ border and it’s a crime against humanity. Almost daily teargassing of citizens and those people who piped up are silent.

Side: It’s a shame this was flagged. I think we need to think the implication of moneyed people influencing hoew the hoi polloi should think and act.

I have read this assertion before, but how can you measure or prove that? I mean there is still an awful lot of stuff being produced, somehow.

Wow, HN mods seem to have deleted this story, so i can't answer the comment: https://i.imgur.com/tOlYKUa.png says that in 1971, when they still had the gold standard, the ratio was 20-22 now it is around 25-27; so is that a big qualitative change that changes the nature of the system? (Ok, it was much higher a few years back, but it is fluctuating) Still I don't entirely trust the argument that change of gold standard changed everything.